HC Deb 07 March 1996 vol 273 cc329-30W
Mr. Cohen

To ask the President of the Board of Trade, pursuant to his answer of 12 January 1996,Official Report, column 403, if he will indicate, without revealing the contracts concerned, the four largest sums put up by Her Majesty's Government as a financial guarantee or collateral in respect of securing an arms deal. [15979]

Mr. Lang

The four largest guarantees issued by ECGD in respect of defence equipment sales were as follows:

Year guarantee issued ECGD liability £ Million
1993–94 750
1988–89 450
1992–93 427
1985–86 378